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There is no proposal under consideration for the operation of passenger trains by private players, the railways informed Parliament Friday, years after the national transporter unveiled plans to hand over certain routes to private parties. In a written reply in Rajya Sabha, Railway Minister Ashwini Vaishnaw said the railways currently has no proposals in this regard. The national transporter planned to introduce private trains on its network in phases, with the first dozen due to start running in the 2023-24 financial year and all 151 by 2027. However, only two bidders, IRCTC and Megha Engineering & Infrastructures, evinced interest at the financial bidding stage. This has now led to the whole proposal being put on the back burner because of lack of interest among private players.
Domestic air passenger traffic is estimated to have logged an 83 per cent growth year-on-year at 10.5-million in April as Covid-19 infection cases waned, leaving a gap of just 5 per cent when compared to the pre-pandemic level, ICRA said on Monday. Indian carriers had flown around 11 million passengers in April 2019. However, the domestic airline operators saw the international passenger traffic marginally surpassing the pre-pandemic numbers (around 1.83 million), with total volumes standing at around 1.85 million, it said. It also said that rising aviation turbine fuel (ATF) prices due to ongoing geo-political issues linked to the Russia-Ukraine conflict continue to evolve as a major threat to the recovery process. For April 2022, the average daily departures were at around 2,726, notably higher than the average daily departures of around 2,000 in the same month a year earlier and higher compared to around 2,588 in March 2022, said Suprio Banerjee, Vice-President & Sector Head, ..